Simple Content

Commercial Credit Cards Online

If efficiency and convenience are what you seek, look no further than HDFC Bank Commercial Payment Solutions. With best-in-class service, more savings and a whole suite of offerings, it's all you need to manage corporate expenses effortlessly.

Companies have a plethora of expenses, and to manage these expenses, companies can consider Commercial Credit Cards. Besides managing expenses, Commercial Credit Cards allow you to streamline company operations and optimise cash flow. At HDFC Bank, we offer a wide range of Commercial Credit Cards to help you fulfil your business’s unique expenses.

Commercial Credit Cards

Corporate Credit Cards

Corporate Credit Cards

A complete solution to managing corporate travel & entertainment expenses

false

Corporate Platinum Credit CardCommercial Credit Cards

HDFC Bank Corporate Credit Cards. Ready For You
  • Earn 3 Reward Points for every Rs. 150 spent on your card.
  • Complimenatry 2 domestic airport lounge visits per quarter
  • Accident insurance cover of Rs 1 Crore for air travel and Rs 3 lakhs for road and rail travel

Corporate Premium Credit CardCommercial Credit Cards

HDFC Bank Corporate Credit Cards. Ready For You
  • Earn 5 Reward Points for every Rs. 150 spent on your card
  • Complimentary 5 domestic airport lounge visits per quarter and 6 international per calendar year
  • Accident insurance cover of Rs 1 Crore for air travel and Rs 3 lakhs for road and rail travel

HDFC Bank & SAP Concur Solutions Black Corporate Credit Card

Spend. Capture. Save.
  • Earn 5 Reward Points for every Rs. 150 spent on your card
  • Complimentary 5 domestic lounge visits per quarter and 15 international lounge visits per calendar year via Loungekey Program
  • Complimentary Wi-fi access on ground and in air with Boingo Wifi at over 1 million hotspots in 100 countries

HDFC Bank & SAP Concur Solutions Prime Corporate Credit Card

Spend. Capture. Save.
  • Earn 3 Reward Points for every Rs. 150 spent on your card.
  • Complimenatry 2 domestic airport lounge visits per quarter
  • Complimentary Wi-fi access on ground and in air with Boingo Wifi at over 1 million hotspots in 100 countries

Purchase Solutions

The simple way to manage centralized vendor payments

false

Purchase Premium Credit card

  • Streamline your purchases through centralized payment
  • Credit period up-to 50 days
  • Increased process efficiency
  • Earn Cashback & Reward points on your Business expenses

Purchase MoneyBack Credit Card

  • Upto 1% Cashback on Business Expenses
  • Streamline your purchases through centralized payment
  • Credit period up-to 50 days
  • Increased process efficiency

Purchase Credit CardCommercial Credit Cards

  • Streamlining the Purchase Payment Process
  • Improved Process Efficiency
  • Improve Accountability measures with the HDFC Bank Purchase Credit Card
  • Savings

Purchase Reward CardCommercial Credit Cards

  • Streamline your purchases to earn rewards through centralized payments
  • Credit period up-to 45 days
  • Increased efficiency through reduced paperwork
  • Better control on expenses through enhanced spend pattern reports

Central Travel AccountCommercial Credit Cards

  • Travel Policy and Control
  • Savings by extending payment terms up to 50 days
  • Automation through integrating with Corporate's Expense Management System for all travel expenses

AP: Accounts Payable Program

  • Increased efficiency through bulk payments to multiple vendors
  • Customisable credit cycle as per your requirement
  • Secure close loop payment for ease of reconciliation
  • Enhanced visibility with customisable MIS reports 24*7

AR: Accounts Receivable Program

  • Manage all your working capital expenses centrally
  • Customisable credit cycle as per your business requirement
  • Secure close loop payments to your select set of vendors
  • Enhanced spend visibility with customisable MIS reports 24*7

Auto Insurance programCommercial

  • Secured close loop card, with usage restricted to empaneled Insurance companies only
  • Hassle free and automated payment process
  • Credit period up-to 22 days
  • Attractive loyalty benefits for select Auto Programs

Dealer Credit CardCommercial Credit Cards

  • Dealers can use the HDFC Bank Dealer Credit Card for purchases from your company
  • Improve dealer cash flow management
  • Simplify account reconciliation•

Fleet ProgramCommercial

  • Fuel procurement program for Corporates & Fleet operators
  • Tie-ups with major oil marketing companies in India
  • Extended credit period of upto 37 days
  • Secured closed loop payment for ease of reconciliation

TMC CardCommercial

  • Facilitate centralized payment for purchase of Travel inventory
  • Secure closed loop payments to selected Merchants/Merchant Categories
  • Enhanced spends visibility with customisable MIS reports 24*7
  • Better cost savings by elimination of manual processing of invoices

How Do Commercial Credit Cards Work?


Here’s a brief on how Commercial Credit Cards work:

  • Issuance

Depending on the company’s eligibility, the card issuer will issue a Commercial Credit Card for the corporates. The company can then request the card issuer to issue cards to individual employees in their name.


  • Card Limits

Transaction limits can be set on the card to ensure the employees do not go overboard with the spends. Depending on the employee’s designation in the company, the card limits can vary.


  • Usage

Commercial Credit Cards can be of two types, Corporate Credit Cards and Purchase Credit Cards. The former allows employees to pay for business expenses like travelling, meals, commute, etc. A Purchase Credit Card allows companies to manage vendor payments.


  • Settlement

The Commercial Credit Card bills are directly settled by the company. The company may make a consolidated payment for all cardholders.

Benefits of Commercial Credit Cards

​​​​​​​

Commercial Credit Cards offer a wide range of benefits:

  • Simplified and Streamlined Expense Management: Commercial Credit Cards simplify expense tracking by providing detailed statements that categorise spending. This makes it easier for companies to monitor and manage their finances.

  • Credit Limit Flexibility: Commercial Credit Cards may often come with higher credit limits than personal cards, providing businesses with greater purchasing power to cover various expenses.

  • Employee Spending Control: Commercial Cards may offer features like individual spending limits and real-time monitoring which allows businesses to control and track employee spending effectively.

  • Credit Card Rewards: Certain specific Commercial Credit Cards may also offer rewards programmes on business spends, such as cashback or reward points for business-related purchases.

  • Travel Benefits: These cards may offer travel-related perks, including travel insurance, airport lounge access and reward points redemption against flights and accommodation. This can be beneficial for companies with frequent travel needs.
    ​​​​​​​
  • Streamlined Vendor Payments: Purchase Cards can be used to manage vendor payments, utility bills, fuel payments, bulk payments, etc.

FAQs


What is a Commercial Credit Card? 

A Commercial Credit Card is a type of Credit Card specifically designed to manage business expenses. These cards are typically issued to corporate employees for business-related expenses. This eliminates the need to use personal funds to pay for business expenses and the hassle of the reimbursement process.

Who is eligible to apply for Commercial Credit Cards? 

Corporates can apply for Commercial Credit Cards.

Is a Commercial Card the same as a Business Card? 

Typically, small business owners are eligible for Business Credit Cards. Corporate Credit Cards are issued to owners and numerous employees of larger, well-established companies. Both these cards offer better business expense handling.

What is the credit limit of a Commercial Credit Card? 

The credit limit of a Commercial Credit Card can vary based on the card variant and the overall financial standing of the business.

What are the fees and charges for a Commercial Credit Card? 

The fees and charges for a particular Commercial Credit Card variant can be accessed via the card issuer’s website. Types of charges typically include late payment charges, cash advance charges, fuel surcharges, card re-issuance charges, etc. You can find the schedule of charges for HDFC Bank Commercial Credit Cards here.


How to apply for a Commercial Credit Card?

The application process for a Commercial Credit Card involves submitting business proof and an adequate track record. The required documents must be submitted to the bank along with the application form duly signed by the relevant authorities in the company.


How to make payments towards Diners Credit Card?

Prefix "00" before the 14-digit card number when making payments to ensure successful processing.